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Number of unemployed up 5.25 per cent in twelve months - CSO

New data shows that the number of people employed at the end of September was down 46,000 on the same time last year.
Dec 12th 2011, 11:56 AM 1,495 11

THE NUMBER of people in the Irish labour market who were unemployed at the end of September was over 5.25 per cent higher than at the same time last year, new figures have shown.

The Central Statistics Office’s National Household Survey shows that the number of people unemployed stood at 314,700 at the end of the third quarter – up by 15,700 on the same time last year, a gain of 5.25 per cent.

In the same interval, the number of people employed fell by 46,000 – or 2.5 per cent – to 1,805,500.

The quarterly statistics show that the total labour force fell by over 30,000 people last year, between combined retirements, emigration and deaths.

The number of people resident in the state who were not in the labour force – retirees, people under working age, those in full-time education or those simply not seeking work – grew by 25,300.

The largest fall in employment in the last year came in the education sector, which lost 12,000 workers (8.1 per cent), while accommodation and food services lost 8,500 workers and the industrial sector lost 7,700 staff.

When seasonally adjusted, the unemployment rate increased from 14.2 per cent to 14.4 per cent. That rate rose to 14.5 per cent in October.

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Gavan Reilly

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